# Is the world giving up on the US dollar? | The Global Story

https://mins.news/en/video/42585

- BBC News, 2026-09-02 19:15 UTC
- Economy
- Original: https://www.youtube.com/watch?v=wjRp5pJjjPg

> US national debt has recently reached $40 trillion, while interest payments are estimated to be the second-largest expense in the federal budget after Social Security. Harvard economist Kenneth Rogoff explains how the US borrowed so much for so long, and how the dollar’s role as the world’s reserve currency helped make that possible.

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